Irdai tells insurers to make sure insurance ads are clear, fair and not misleading
Updated : October 21, 2019 07:09 AM IST
Regulator Irdai has asked insurers to ensure that advertisements of insurance products are clear and do not convey a fabricated sense of security to prospective customers.
The Insurance Regulatory and Development Authority of India (Irdai) in a circular on 'insurance advertisements' has prescribed dos and don'ts for insurance companies to comply with.
The mandatory disclosures should be in the same language as that of the whole advertisement.
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